Iofina’s iodine production up 90% over 2014

By Adam Page
Published: Tuesday, 13 January 2015

Iofina’s growth comes in spite of the pressure put on its oilfield brine sources by the declining oil prices and its own scheduling problems in mid-2014. It expects to maintain its presence in the US and output growth in 2015, regardless of the wider challenges facing the fossil fuel industry.

UK-listed Iofina Plc extracted 327.7 tonnes crystalline iodine from oilfield waste brines in 2014, a 90% increase on the 171 tonnes it extracted in 2013.

Iofina has therefore hit the target it set itself in September of between 325 and 350 tonnes, a goal that was reduced from earlier predictions due...

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